What are the most popular indicators used by crypto traders on TradingView?

5 answers

• Nov 23, 2021 · 3 years ago
  Sure! One of the most popular indicators used by crypto traders on TradingView is the Moving Average Convergence Divergence (MACD). It helps traders identify potential buy and sell signals by analyzing the relationship between two moving averages. Another commonly used indicator is the Relative Strength Index (RSI), which measures the speed and change of price movements to determine overbought or oversold conditions. Additionally, the Bollinger Bands indicator is widely used to identify volatility and potential price breakouts. These are just a few examples, but there are many more indicators available on TradingView that traders use to analyze cryptocurrency markets.
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• Nov 23, 2021 · 3 years ago
  Crypto traders on TradingView often rely on the Ichimoku Cloud indicator, which provides a comprehensive view of support and resistance levels, as well as trend direction. The Fibonacci retracement tool is also widely used to identify potential levels of support and resistance based on the Fibonacci sequence. Additionally, the Volume Profile indicator is popular among traders to analyze trading volume at different price levels. These indicators, along with others like the Stochastic Oscillator and the Average True Range (ATR), help traders make informed decisions in the volatile cryptocurrency market.
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• Nov 23, 2021 · 3 years ago
  As an expert at BYDFi, I can tell you that many crypto traders on TradingView use the RSI and MACD indicators to analyze cryptocurrency price movements. These indicators are widely recognized and trusted by traders in the industry. However, it's important to note that the choice of indicators may vary among traders based on their trading strategies and preferences. Some traders may also use custom indicators or a combination of different indicators to gain an edge in the market. Ultimately, it's up to the individual trader to decide which indicators work best for them.
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• Nov 23, 2021 · 3 years ago
  When it comes to popular indicators used by crypto traders on TradingView, the Moving Average is a classic choice. It helps smooth out price data and identify trends, making it a valuable tool for traders. Another popular indicator is the RSI, which measures the strength and speed of price movements. Traders often use the RSI to identify overbought or oversold conditions in the market. The MACD is also widely used, as it provides insights into the relationship between two moving averages and helps traders spot potential trend reversals. These indicators, along with others like the Bollinger Bands and the Volume Profile, are commonly used by crypto traders on TradingView.
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• Nov 23, 2021 · 3 years ago
  Crypto traders on TradingView have their favorite indicators, and it's no surprise that the Moving Average is among the most popular choices. This indicator helps traders identify trends and potential entry or exit points. Another widely used indicator is the RSI, which provides insights into the strength of price movements. Traders often use the RSI to determine whether a cryptocurrency is overbought or oversold. The MACD is also a favorite among traders, as it helps identify potential trend reversals. These indicators, along with others like the Ichimoku Cloud and the Fibonacci retracement tool, are commonly used by crypto traders on TradingView.
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